48, GROVE CRESCENT, GRIMSBY, DN32 8JU - £96,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

48 GROVE CRESCENT is a very small extended terraced house of 61m², built sometime between 1930 and 1949, which could now be worth an estimated £146,267. It was last sold for £96,000 in April 2014, which was around 24% above the average April 2014 terraced price in the North East Lincolnshire local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

48 GROVE CRESCENT Sold Prices

Land registry data shows four sales for 48 GROVE CRESCENT since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the North East Lincolnshire local authority area for the corresponding sale date. Most of the four 48 GROVE CRESCENT sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2014 10 APR	£96,000	£77,175	24% above HPI
2007 28 MAR	£95,950	£85,449	12% above HPI
2005 21 OCT	£81,500	£72,067	13% above HPI
2005 15 APR	£66,500	£68,461	3% below HPI

48 GROVE CRESCENT Price Paid vs. HPI Average

The below graph shows the average terraced house price in the North East Lincolnshire local authority area over time, sourced from the HPI. The four 48 GROVE CRESCENT sales between April 2005 and April 2014 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the March 2007 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the April 2014 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 48 GROVE CRESCENT be worth now?

48 GROVE CRESCENT might now be worth an estimated £146,267.

This is based on house price inflation of 52.4%, between April 2014 and May 2026, for terraced houses, in the North East Lincolnshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 52.4% inflationary increase is applied to the most recent sale price for 48 GROVE CRESCENT of £96,000 on 10th April 2014. For the value to have increased from £96,000 to £146,267 over the eleven years and eleven months to May 2026, the following assumptions must hold true:

• The value of 48 GROVE CRESCENT has moved in line with the HPI for terraced houses in the North East Lincolnshire local authority area.
• The April 2014 sale price of £96,000 represented a fair market value for the property.
• The size, condition, and specification of 48 GROVE CRESCENT has not materially changed since April 2014.

How Large is 48 GROVE CRESCENT?

48 GROVE CRESCENT is 61m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the smallest 10% of terraced houses houses in Grimsby, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Grimsby, and where 48 GROVE CRESCENT lies on this distribution: 3% of terraced houses houses are smaller than 48 GROVE CRESCENT, and 96% of houses are larger. Note that EPC data is not available for all properties in Grimsby.

48 GROVE CRESCENT: Plot and Title Map

48 GROVE CRESCENT sits on a plot of roughly 0.049 of an acre, or 199m². The below map shows the location of 48 GROVE CRESCENT, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 48 GROVE CRESCENT). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 48 GROVE CRESCENT?

48 GROVE CRESCENT is located in GRIMSBY, in the DN32 postcode district. The below map shows the position of No. 48 on GROVE CRESCENT.